Maynards to Auction Surplus Assets of Major Industrial Gear Manufacturer

Maynards to Auction Surplus Assets of Major Industrial Gear Manufacturer

Plans are gearing up now for an auction of surplus assets from Abundant Manufacturing, Inc. and RP Machine Enterprises, Inc. This top quality selection of gear equipment will be hitting the auction block on Wednesday, April 27, 2016. For over a decade, AMI has been supplying innovative gearing solutions for the automotive, mining, agricultural and forestry industries.

MaynardsNews of this important liquidation was just announced by Maynards, industry leader in global asset auctions, liquidations and asset valuation appraisal services since 1902, who, in conjunction with Biditup Auctions Worldwide, is conducting the webcast only auction.

The auction inventory features an array of gear hobbers, gear shapers, thread grinders, chamfers, cutter sharpeners, surface grinders, gear shavers, hones, tooling, cutters and other related equipment and machine spare parts from well-known brands such as: Gleason Maag, GE, Barber Colman, Mitsubishi, Fellows, Mikron, Samputensili, Reishauer, Lees Bradner, Hurth. For more information about these assets, please email:

The webcast only auction begins at 10:00 AM (EDT) on Wednesday, April 27, 2016. Inspection will be open to the public at 860 Connor Street and 820 Cochran Street – within a block of each other – in Statesville, North Carolina on Tuesday, April 26 from 9:00 AM to 4:00 PM (EDT) or by appointment.

“When a webcast auction with assets of this quality from a company such as AMI arises, it presents a wonderful opportunity to our customers regionally as well as buyers across the country” noted Taso Sofikitis, President of Maynards. “This sale is a very big event as it presents a rare chance for anyone in the gear manufacturing industry to significantly and economically enhance, upgrade or update their own facilities,” he added. The sale is open to manufacturers, dealers and the public.

For more information about the assets for sale, please visit their homepage.

About Maynards:
Maynards manages asset auctions and asset valuation projects valued up to half a billion dollars from eight permanent offices in Canada, the United States, Europe, Japan and China. We provide project management and sales services wherever a client’s assets are located.

Maynards auctioneers and appraisers leverage more than 100 years of industry leadership to efficiently match assets for sale with qualified buyers. In over 100 asset auctions and liquidations per year, we return maximum value to our clients by combining traditional sales methods with innovative integrated marketing strategies.

Maynards is able to handle all aspects of asset auctions and sale transactions from consignment and transportation logistics.

About BIDITUP Auctions Worldwide:
BIDITUP is a global leader in asset conversion and provides auction, real estate, and appraisal services to a comprehensive array of markets. Services feature on-site auctions, live BidCast webcast auctions in real time, and online auctions.

BIDITUP sells individual or aggregated assets across the globe, 24 hours a day, seven days a week and prides itself on matching buyers and sellers to maximize value.

BIDITUP is recognized as one of the world’s leaders in the auction industry.